Bursa Malaysia, TNG Digital Sdn Bhd (TNGD), and Affin Hwang Investment Bank Berhad (AHIBB) today signed a Memorandum of Collaboration (MoC) to enable investors to easily participate in the stock market through the TNGD digital platform.
This initiative is part of the Exchange’s ongoing efforts to democratise equity investments and promote financial inclusion among Malaysians.
Through this collaboration, retail investors will be able to access a wider array of investment
products listed on Bursa Malaysia via the Touch ‘n Go (TNG) eWallet’s GOinvest feature.
The feature will enable investors to seamlessly invest and monitor their GOinvest portfolios, all within a single app, with a user-friendly interface and robust security measures in place to ensure peace of mind. AHIBB, as the broker partner, will assist investors by offering greater market access, comprehensive research resources, real-time market data and responsive customer support, to enrich their trading experience.
Commenting on the significance of the collaboration, Datuk Muhamad Umar Swift, Bursa Malaysia said, “Bursa Malaysia believes a marketplace that is inclusive is essential for a
financially empowered society. Towards this, we will continue to innovate and introduce
new ways for retail investors to confidently participate in, and benefit from numerous
opportunities available within the Malaysian capital market. This MoC is an excellent
demonstration of how various industry players can collaborate and contribute towards this
goal.”
Alan Ni of TNGD, expressed his optimism about the significant impact that this collaboration will bring forth to eWallet users and all Malaysians.
“This collaboration aligns with our vision of breaking financial barriers and making financial services, including investments, accessible to all. Together, we can continue to empower Malaysians to make informed financial decisions, while enabling them to enjoy a hassle-free and secure share
trading experience,” he said.
Nurjesmi Bin Mohd Nashir of Affin Hwang Investment Bank Berhad said, “The MOC
marks the start of a beneficial and symbiotic partnership, formalising our shared intention
to democratise investment opportunities and financial inclusion among Malaysians. It
establishes the framework for the sharing of thoughts, information and experiences that will unquestionably result in advancement in the Malaysian stock market. This important
recognition demonstrates our persistent dedication to delivering seamless, comprehensive, and relevant digital experiences that go beyond banking, placing our clients and their ever- evolving needs at the heart of our proposition.”
In addition to offering trading services, the TNG eWallet’s GOinvest feature will host
educational investment content. The content will be curated together with Bursa Malaysia
and will cover topics such as fundamentals of investing and introduction to various
investments available on Bursa Malaysia, including Exchange-Traded Funds (“ETFs”).
This will be beneficial to equip retail investors, especially the younger demographic and those
new to investing, with the knowledge needed to trade confidently in the stock market.
